90 RIVER DRIVE
About This Property
**Active Under Contract – Accepting Backup OffersIconic Views | 90 River Drive, Bay Ridge!
Wonderful opportunity to create your own waterfront oasis in the heart of Bay Ridge, Annapolis. Enjoy breathtaking views of the Bay Bridge and direct access to one of the area's most spectacular private beaches. Nestled in a vibrant coastal community known for its sailing, beach walks, and friendly charm, this property offers a rare blend of lifestyle, location, and flexibility. The highly sought-after Bay Ridge community in Annapolis offers a rare blend of resort-style amenities and vibrant coastal charm. Residents enjoy a scenic community pool and clubhouse overlooking the sparkling waters of the Chesapeake Bay, as well as private community beaches on both the Bay and the River. Boating enthusiasts will appreciate the community marina, complete with a newly renovated clubhouse.
For those who prefer land-based recreation, Bay Ridge features basketball courts, ball fields, pickleball courts, playgrounds, and open green spaces, along with a year-round calendar of community events. Whether you're walking or biking along miles of waterfront paths, the Bay Ridge lifestyle is truly one-of-a-kind.
Located just minutes from downtown Annapolis and Eastport, Bay Ridge offers the perfect balance of small-town charm and big-city access. Commuting is easy with nearby access to Routes 50 and 97, connecting you directly to Baltimore, BWI Airport, Fort Meade/NSA, and Washington, DC. And when it's time for a getaway, the Eastern Shore and ocean beaches are just a short drive across the Bay Bridge.
Non-riparian water front. 1 ft of water front added for marketing purposes only.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Sep 12, 2025 | In contract | - | |
| In contract | |||
| Aug 4, 2025 | Price Decreased |
$2,300,000
↓ $250K
(9.8%) | |
| Price Decreased | |||
| Jul 19, 2025 | Listed by TTR Sotheby's International Realty | $2,550,000 | |
| Listed by TTR Sotheby's International Realty | |||
| Jul 16, 2025 | Price Decreased |
$2,550,000
↓ $200K
(7.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017